Date: Apr 20, 2018
Anfield Energy Inc. (TSX.V:AEC) (OTCQB:ANLDF) (FRANKFURT:0AD) (“Anfield” or “the Company”) is pleased to announce the acquisition of an extensive exploration database of mining projects focused primarily on uranium and vanadium properties in the Western United States. This new database, together with Anfield’s already substantial uranium database, constitutes one of the largest depositories of uranium exploration data in the Western United States.
Corey Dias, Anfield CEO, states “This acquisition will help to further our efforts to update, or potentially expand, our uranium resources on our 25 Wyoming uranium properties in an even more timely fashion, while allowing us to identify complementary claims or projects. Given that we have completed resource reports on only three of our 25 projects, we believe that the acquired data could provide us with an accelerated path to resource delineation. This remains an integral part of Anfield’s strategy: seek out data on current or prospective projects which would allow the Company to more rapidly verify uranium resources in order to create an expansive project portfolio with a clear path to production through a well-defined project pipeline”.
The database includes extensive physical and digital files. The database covers over 50 years of exploration and development activity and includes maps, geological studies, prospects, drilling data, exploration reports, resource evaluations and other strategic data. The analogue files are housed in a shipping container which is now in possession of the Company.
The database will be utilized by the Company to further define and expand Anfield’s extensive portfolio of uranium and vanadium holdings. The data will be catalogued and integrated with Anfield’s existing database, and used by the Company to not only enhance its current project portfolio but also target properties that will complement its current uranium and vanadium properties.
